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Open, honest and candid discussions and dialogue on the most critical issues facing the RPA space.

401(k) Real Chat: Empower's Ed Murphy401(k) Real Chat: Empower's Ed Murphy

Retirement industry thought leaders answer three probing questions on critical issues providing an open, honest and candid dialogue.

Fred Barstein, The Retirement Adviser University,

July 29, 2022

 

Fred Barstein, contributing editor to WealthManagement.com’s RPA Edge, invites retirement industry thought leaders to answer three probing questions on critical issues providing an open, honest and candid dialogue. So let’s get real!

This week, Ed Murphy, president and CEO at Empower, answers:

Do record-keepers need to own the front end and back end of their record-keeping systems? Why?
Personal Capital gets 17 interactions each month from users, yet most DC participants interact once a year, if that. What have you learned from Personal Capital that will improve engagement with participants?
With the purchase of Personal Capital, Empower has the ability and I assume interest in providing wealth management and financial planning services to your clients. How do you coexist and partner with RPAs who also want to provide those services?

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About the Author

Fred Barstein

The Retirement Adviser University,, Founder and CEO

Fred Barstein is founder and CEO of The Retirement Adviser University, a collaboration with UCLA Anderson School of Management Executive Education, The Plan Sponsor University and 401kTV. He had been contributing editor for InvestmentNews where he created RPAConvergence and the RPA Roundtables & Thinktanks for senior managers at DC record keepers, aggregators, broker dealers and CIOs. He helped create the National Association of Plan Advisors as a member of the founding Leadership Board, Chair of the Membership Committee and was founding Editor-in-Chief for NAPA-Net which he led until 2016. Barstein received his Bachelor of Arts Degree from Boston College and his Law Degree from Cardozo School of Law, Yeshiva University.

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